70 Julius ST, Austin TX 78702

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $552,992. To generate strong buyer interest while maximizing value, I'd price this between $437,000 and $447,000. Against 7 similar active listings in RILEYS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Being 716 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1937 construction puts this home 61 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in RILEYS (a buyer's market), competition is a factor to consider. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 511 Allen ST, Austin TX 78702 nearby adjusts to $463,668; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group